Studio · 384 sqftAvanti Tower, Business Bay · 4th floor · completed 2018

407, Avanti Tower

Sold prices and rental history: sold 3 times, last in June 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 755K2 June 2025
Current rentAED 65K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Avanti Tower

What is 407 worth today?

Last sold for AED 755,000 in 2025

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2 Jun 2025SoldReady
AED 755,000AED 1,964 per sqft
1 Nov 2024RentedNew contract
AED 65,000/yr12 months · AED 168 per sqft
30 Aug 2023SoldReady
AED 495,000AED 1,287 per sqft
25 Aug 2022RentedNew contract
AED 44,500/yr12 months · AED 115 per sqft
31 Mar 2022RentedRenewal
AED 48,000/yr12 months · AED 124 per sqft
31 Mar 2021RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
31 Mar 2020RentedRenewal
AED 48,000/yr12 months · AED 124 per sqft
31 Mar 2019RentedNew contract
AED 50,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
Studio apartment
Size
384 sqft
Floor
4th of 15
Parking
P1-11
Developer
DAMAC
Completed
2018
Last sold
AED 755K · June 2025
Building
Avanti Tower

About 407, Avanti Tower

407 is a studio of 384 sqft on the 4th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 2 June 2025 for AED 755,000, or AED 1,964 per sqft, 33% above the AED 1,476 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 November 2024, is AED 65,000 a year: a gross yield of 8.6% on the 2025 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Avanti Tower
500K1M20142017202020232026Typical sale price by year: 2014 AED 1,086,800; 2017 AED 868,280; 2018 AED 891,100; 2019 AED 1,011,000; 2021 AED 725,500; 2022 AED 663,000; 2023 AED 611,000; 2024 AED 700,000; 2025 AED 735,000Sold by developer, August 2014: AED 826,500 (AED 2,150 per sqft)Sold, August 2023: AED 495,000 (AED 1,287 per sqft)Sold, June 2025: AED 755,000 (AED 1,964 per sqft)

407 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 407, each contractTypical studio in Avanti Tower
40K60K20192021202320252027Typical rent by year: 2019 AED 48,000; 2020 AED 35,000; 2021 AED 38,000; 2022 AED 48,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 54,000New contract, March 2019: AED 50,000 a yearRenewal, March 2020: AED 48,000 a yearRenewal, March 2021: AED 40,000 a yearRenewal, March 2022: AED 48,000 a yearNew contract, August 2022: AED 44,500 a yearNew contract, November 2024: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Avanti Tower, and where 407 sits

All 63 studios →

407 last sold in June 2025 at AED 1,964 per sqft, 33% above what studios in Avanti Tower were fetching at the time (AED 1,476). Over the last 12 months studios sold for AED 700,000 to 750,000, around AED 1,445 per sqft, and rent for AED 40,000 to 70,000 a year. 407's AED 65,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 May 2026750,000
11 Dec 2025700,000
9 Jul 2025720,000
23 May 2025531,666
2 studio sales in the last 12 months

Avanti Tower

Building

159 apartments, studios to 3-bed over 15 floors in Business Bay, completed in 2018 by DAMAC. 9 sold in the last 12 months.

Typical price per sqft
AED 1,408
Typical sale
AED 1.25M
Typical rent
AED 70K /yr
Typical yield
6.9%
Avanti Tower, Business Bay: prices, sales and rents →

Other units on the 4th floor

All 159 units in Avanti Tower
Value
4012-bedAED 1.88M · Jul 2022
4021-bedAED 1.12M · Dec 2024
403StudioAED 1.09M · Oct 2014
4041-bedAED 1.16M · Jul 2024
4051-bedAED 1.23M · May 2017
406StudioAED 675K · May 2024
4081-bedAED 1.52M · Jul 2023
1–7 of 12

407, Avanti Tower in numbers

  • Sold 3 times: first on 31 August 2014 for AED 826,500, last on 2 June 2025 for AED 755,000 (AED 1,964 per sqft).
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 65,000 by November 2024.
  • At AED 65,000 a year the gross yield on the 2025 price is 8.6%.
  • Studios in Avanti Tower sold for AED 700,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,408 per sqft.

Source: Dubai Land Department. Updated 2 June 2025.

Questions about 407, Avanti Tower

What did unit 407 last sell for?

AED 755,000 on 2 June 2025: AED 1,964 per sqft for 384 sqft. The unit has 3 registered sales; the first was AED 826,500 in August 2014.

What is the rent for unit 407?

AED 65,000 a year on the contract signed on 1 November 2024. The previous contract, from August 2022, was AED 44,500; the unit has been rented since March 2019.

How big is unit 407?

384 sqft (35.7 sqm): a studio on the 4th floor of a 15-storey tower completed in 2018.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Avanti Tower sold for AED 700,000 to 750,000 in the last 12 months, around AED 1,445 per sqft.

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Mortgage on 407, Avanti Tower

Starts from the last sale price (AED 755K, 2 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →